Discover an extraordinary investment opportunity with this unique property featuring two fully renovated rental units under one roof, generating a potential total of $3,000/month in stable rental income. Situated on a private 1/4-acre waterfront lot at the end of a tranquil cul-de-sac, this property offers modern updates, privacy, and excellent rental appeal. The first unit is a 1,149 sq ft double-wide mobile home with 3 bedrooms, 2 bathrooms, and a covered carport. The second unit is a 1,350 sq ft engineered frame home addition, featuring 3 bedrooms, 1 bathroom, laminate wood flooring, a modern kitchenette with a new refrigerator and stovetop, a ventless A/C unit, and a remodeled bathroom with washer/dryer hookup, available for $1,750/month. Both units have undergone extensive renovations, including new A/C units, updated electrical and plumbing, drywall, paint, privacy fence, gutters, and French drain. With a total of 2,499 sq ft of living space, this property offers canal frontage with a private boat slip leading to the Chain of Lakes, including Lake Eustis, making it perfect for water enthusiasts. The property is located in Leesburg, FL, just minutes from restaurants, grocery stores, parks, and schools, combining privacy with convenience. With no HOA fees, ample parking, and significant rental income potential, this property is a must-see for investors seeking a versatile and lucrative opportunity. Schedule your private tour today!
The median home value in Leesburg, FL is $291,300. This is lower than the county median home value of $358,200. The national median home value is $338,100. The average price of homes sold in Leesburg, FL is $291,300. Approximately 46.28% of Leesburg homes are owned, compared to 41.54% rented, while 12.17% are vacant. Leesburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Leesburg real estate agent to arrange a tour today!
Leesburg, Florida 34788 has a population of 26,242. Leesburg 34788 is less family-centric than the surrounding county with 14.22% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Leesburg, Florida 34788 is $37,350. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Leesburg 34788 is 42.9 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 51.2 inches per year, with 0 inches of snow per year.